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Friday 27 December 2013

Trading signals to watch

Look to buy S&P 500 @ 1840 & 1842 (S&P Futures around 1834 & 1836) if it breaks above & goes higher, for 30 minutes expiration
Look to buy S&P Futures @ 1834 for end of day expiration (High risk speculative signal as it's not confirmed if it can stay above yet)
1842 was yesterday's resistance but is slightly broken, making it possibly easier to break above & go higher today
Resistance remains as S&P Futures dropped below 1836 after the market closed & looks weak for now
Look to sell S&P Futures @ 1836 if it stays below & drops further, for 30 minutes or less expiration
It might be safer not to sell near or after the stock market opens at 9:30am EST as it often goes up after that

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